The automotive suppliers with the highest profit

Profit of the world's largest automakers and automotive suppliers, from the latest fiscal year and in euros. Compiled by Philipp Raasch, 10 years at Mercedes-Benz, independent automotive industry analyst.

As ofJul 12, 2026
SourceAnnual reports, ECB rates
Coverage44 manufacturers · 23 suppliers

CATL leads with 9.3 €bn, ahead of Denso (3.8) and Cummins (2.5).

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Bars relative to No. 1 · €bn

Automotive suppliers by profit

#CompanySizeCountryProfitFY
1CATLChina9.32025
2DensoJapan3.82026
3CumminsUnited States2.52025
4Hyundai MobisSouth Korea2.12025
5Sumitomo ElectricJapan2.02026
6BridgestoneJapan1.82025
7MichelinFrance1.72025
8AisinJapan1.22026
9InfineonGermany1.02025
10HASCO (Huayu Automotive)China0.92025
11Magna InternationalCanada0.72025
12Knorr-BremseGermany0.52025
13PirelliItaly0.52025
14LearUnited States0.42025
15BremboItaly0.22025
16ValeoFrance0.22025
17OPmobilityFrance0.22025
18AptivIreland0.12025
19ContinentalGermany-0.22025
20MobileyeIsrael-0.32025
21SchaefflerGermany-0.42025
22GoodyearUnited States-1.52025
23ForviaFrance-2.12025

Fiscal years can differ by company (FY column).

My take
Profit is the industry's most honest number. Revenue can be bought and market value can be gifted by the stock market, but profit has to be earned. This is exactly where those who build cars part ways with those who make money on cars.
Philipp Raasch
Philipp RaaschFounder · Der Autopreneur

Methodology

Profit from each company's latest available fiscal year (fiscal year column), converted to euros at the ECB reference rate. Fiscal years vary: Japanese automakers report through the end of March. All figures come from the published consolidated financial statements. For conglomerates (Xiaomi) and semiconductor groups (Infineon) the group-level figure is used, marked with a label. Privately held companies such as Bosch and ZF are not included here.

All information is provided for informational purposes only and does not constitute investment advice. Financial figures may be delayed, preliminary or contain errors. No guarantee of accuracy, completeness or timeliness. Exchange rates: European Central Bank.

Frequently asked questions

Which automotive supplier earns the highest profit?

CATL earns the highest profit of any automotive supplier, at 9.3 billion euros, ahead of Denso (3.8) and Cummins (2.5). As of Jul 12, 2026.

How is profit made comparable?

Profit is the consolidated net income after taxes from the latest published fiscal year, converted to euros at the ECB reference rate. Losses appear as negative values. Fiscal years vary; Japanese automakers report through the end of March.

Why are there losses in this ranking?

Some automakers and suppliers post losses in a given fiscal year. They appear as negative values at the bottom of the ranking so the picture stays complete.

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